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Gilat Signs Multi-Million Dollar Deal To Modernize, Expand Satellite Communications In Eurasia For Multiple Applications

Gilat Satellite Networks Ltd. (NASDAQ:GILT, TASE: GILT)))), a worldwide leader in satellite networking technology, solutions and services, announced today that one of the largest satellite service providers in Eurasia,

Benzinga · 12/29/2021 07:07

Gilat Satellite Networks Ltd. (NASDAQ:GILT, TASE: GILT))))), a worldwide leader in satellite networking technology, solutions and services, announced today that one of the largest satellite service providers in Eurasia, has chosen Gilat as the baseband vendor for its satellite network. The companies signed a multi-million-dollar deal that includes the provisioning of Gilat's SkyEdge II-c platform, which will be used to modernize and expand satellite communications throughout the region for a variety of applications including maritime, land mobility and consumer coverage.
 

Throughout this expansion and modernization, the old equipment will be replaced and legacy networks will be consolidated and unified with new networks running Gilat's SkyEdge II-c technology as the baseband to serve their satellite communication needs. Gilat will supply hubs with thousands of fixed and mobility VSATs. This will support expanded coverage over the entire region.

"This deal represents a new, important chapter in our relationship with the large satellite service provider," said Gilat Chief Commercial Officer Michal Aharonov. "Working together, we'll unify and upgrade the satellite network to be consolidated with Gilat's leading-technology single-platform for multiple applications, thus providing a superior user experience to customers throughout Eurasia."